Company CT Real Estate Investment Trust

Equities

CRT.UN

CA1264621006

Commercial REITs

Market Closed - Toronto S.E. 04:00:00 2024-03-27 pm EDT 5-day change 1st Jan Change
14.26 CAD +1.21% Intraday chart for CT Real Estate Investment Trust -0.42% -2.66%

Business Summary

CT Real Estate Investment Trust is a Canada-based unincorporated, closed-end real estate investment trust (REIT) formed to own income-producing commercial properties located primarily in Canada. The Company's principal objective is to invest primarily in net lease, single tenant assets, is to create unitholder value over the long-term by generating reliable, durable and growing monthly distributions on a tax-efficient basis. To achieve this objective, management is focused on expanding the REIT's asset base while also increasing its adjusted funds from operations (AFFO) per unit. Its portfolio is comprised of over 370 properties totaling approximately 30 million square feet of gross leasable area, consisting primarily of net lease single-tenant retail properties located across Canada. Its property types include development, industrial, mixed use, multi-tenant and single tenant. Its properties are located in various regions, such as Western Canada, Atlantic Canada, Ontario and Quebec.

Number of employees: 68

Sales per Business

CAD in Million2022Weight2023Weight Delta
Base Rent
76.5 %
410 77.0 % 423 76.5 % +3.06%
Property Operating Expense Recoveries
19.6 %
107 20.0 % 108 19.6 % +1.48%
Capital Expenditure and Interest Recovery Charge
3.7 %
15 2.8 % 20 3.7 % +37.52%
Other
0.3 %
1 0.2 % 1 0.3 % +28.00%

Sales per region

CAD in Million2022Weight2023Weight Delta
Canada
100.0 %
533 100.0 % 553 100.0 % +3.75%

Managers

Managers TitleAgeSince
Chief Executive Officer - 16-06-06
Director of Finance/CFO 53 18-10-08
Chief Investment Officer - 18-12-31
General Counsel - 16-12-31
Corporate Officer/Principal - 17-10-31
Corporate Officer/Principal - 22-05-23
General Counsel - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 55 21-05-10
Director/Board Member 62 17-12-31
Director/Board Member 41 23-05-08
Director/Board Member 61 13-09-30
Director/Board Member 65 13-08-31
Chairman 73 13-08-31
Director/Board Member 59 20-05-04
Chief Executive Officer - 16-06-06

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 127,193,833 0 0 46.00 %
Stock B 1 108,521,039 108,424,086 ( 99.91 %) 0

Shareholders

NameEquities%Valuation
33,989,508 31.42 % 350 M $
Middlefield Capital Corp.
0.2126 %
230,000 0.2126 % 2 M $
NCM Asset Management Ltd.
0.1771 %
191,650 0.1771 % 2 M $
I. G. Investment Management Ltd.
0.0836 %
90,397 0.0836 % 930 637 $
EdgeHill Partners
0.0547 %
59,200 0.0547 % 609 464 $
SLGI Asset Management, Inc.
0.0530 %
57,341 0.0530 % 590 326 $
50,135 0.0463 % 516 140 $
KLP Kapitalforvaltning AS
0.0408 %
44,177 0.0408 % 454 802 $
36,491 0.0337 % 375 675 $
Erste Asset Management GmbH
0.0311 %
33,600 0.0311 % 345 912 $
NameEquities%Valuation
127,193,833 100.00 % 1 309 M $

Company contact information

CT Real Estate Investment Trust

2180 Yonge Street Station K

M4P 2V8, Toronto

+416 480 2029

http://www.ctreit.com
address CT Real Estate Investment Trust(CRT.UN)

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
6
Last Close Price
14.26 CAD
Average target price
15.5 CAD
Spread / Average Target
+8.70%
Consensus

Quarterly revenue - Rate of surprise